Jul 13, 2011 6:00pm PDT
the militants based in pakistan. these latest bombs have been described as relatively crude and possibly the work of local militants. whoever is behind it shows that the largest city is still vulnerable. >> we have been to the site of one of the explosions and this is the report. >> this is one of three locations where explosions have taken place in mumbai. just behind this police cordon, a bus stop where a vehicle packed with explosives was located and detonated. this along with two other blasts in the city took place in peak time in russia. in highly densely populated areas. lots of traffic are around. we are hearing as many injuries. they have been taken to local hospitals. the leaders have been coming to this area and said that the priority is to make sure that the injured were taken care of and treated. this is unclear as to who is behind these attacks exactly what has taken place and whether there is any correlation to those attacks that took place in 2008 and five years ago. >> that the venezuelan president hugo chavez has acknowledge that he will need more treatments for cancer.
Jul 14, 2011 11:00am EDT
the speckter of the isi in pakistan. >> this morning, new evidence suggests the bombs were planted at a bus shelter, also on a motorcycle and near a parked car. this really shows that these devices were designed to cause maximum casualties and they all went off within a span of 15 minutes, and again, the simultaneous nature of the attacks is a signature of terrorism, heather. heather: they did their jobs. catherine, what does this attack mean for the u.s.? >> well, look, immediately in washington, the focus went back to three years ago and these attacks in mumbai, that was a series of attacks orchestrated by ten pakistani militants armed with cell phones, hand guns and backpacks with explosives. analysts here say if this latest attack causes friction between india and pakistan that could be serious trouble for the u.s. let's listen: >> if the attack were a cause to try to provoke a crisis between india and pakistan that would have major implications for the united states. we do not want to see those two countries go into another crisis and perhaps fight another war, which they've done three
Jul 14, 2011 1:00am PDT
have to go to geneva, switzerland. the cheapest city to live in, we have to go to karachi, pakistan. they're about one-third cheaper than living in lowanda. >>> we have to go to break. >>> welcome back. you're watching "world business today" on cnn from rome and hong kong. >>> well, deals can be made, deals can be broken, then sometimes you just get lucky. euro millions is a lottery played across western europe. it week, the jackpot was worth the best part of $258 million. and just one lucky winner landed that windfall. unsurprisingly, they're keeping a low profile but we do know they're from the uk. and get this, the winnings are not taxed. there are no capital gains on this. it's all theirs to keep. that's really good luck. with so many state assets being sold off to help pay back europe's eye watering debt, we were wondering and trying to get creative. what could you buy with all of those millions? $9 million could buy you a private 1,000 acre island in greece. you'd be helping greece pay back some of the $400 billion that it owes. now, china has leased the container terminals at